Social Sciences, asked by sureshv0027, 6 months ago

what is meant by an average income.

Answers

Answered by dugu65

1

Answer:

Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. ... Per capita income is also called average income.

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Answered by priaa151205

2

Answer:

Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. ... Per capita income is also called average income.

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